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Article Date:
March 2019


Word Count:
716

 

 

TCJA Tax Reform Creates Big Hazard in Loans to Your Corporation


Imagine this: you loan $100,000 to your corporation.

 

The corporation goes bankrupt and has no money to pay you anything on your loan.

 

And now, the new tax law gives you a zero tax deduction for your $100,000 loan.

 

Yep! That’s the way it is. ... Log in to view full article.

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